13-15 Bay Drive Quoiba TAS 7310

Elders Commercial is pleased to offer 13 & 15 Bay Drive, Quoiba for sale by Private Treaty. Comprising 19 metal clad storage units ranging in size from 60 sqm* - 117 sqm* across two titles totaling 4,516 sqm*, the facility is fully occupied by 12* businesses paying monthly gross rentals ranging from $545* - $931* + GST. The properties comprise the following key attributes:

- 13 Bay Drive - 8 Units completed c. 2010*
- 15 Bay Drive - 11 Units completed c. 2015*
- Combined GBA - 1,559 sqm*
- 100% occupied, popular mix of sizes, waiting list in place
- All but 3 units are on monthly arrangements
- 13 Bay - Average occupancy of monthly tenants 3.44 yrs*
- 15 Bay - Average occupancy of monthly tenants 4.30 yrs*
- 3 units leased to Elders to 30 Sept 2026 + 3yr. option
- Common area amenities
- 4.5 km* from CBD, close to critical infrastructure
- Affordable average gross rentals ~ $102.58/sqm* + GST

Estimated net income $149,105* pa excl GST (based on a full year's occupancy of all units at current monthly rates).

These sites located in a highly popular industrial precinct are ideal for an investor looking for a longer-term storage income via the sourcing of longer-term lease arrangements or an owner occupier looking to take advantage of the ability to use part of the site or to remove all or part of the internal dividing panels to create larger open plan storage. Whatever the future, a successful blueprint already exists to achieve sustained occupancy via a small unit operating model.

For Sale - $2,150,000 + GST.

*Approximately
** As at 30 June 2025